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The top of the pay scale for my position (Staff Development, MSN required, mid-sized city with average cost of living) is about $87,500. But that is only after several years of experience as well as the MSN. The schedule is flexible and we rarely work nights, weekends, or holidays. In my institution, new grads start out around $22 per hour and max out around $35. They can earn more by working extra shifts, extra nights, extra weekends, etc. to maximize their over-time and shift differentials. I am salaried, so I don't have any opportunities to increase my income by working overtime or by working different shifts.
In most cases within nursing, the higher education doesn't gurarantee you a significant raise in pay. But it helps you get chosen for jobs with higher pay and/or better working conditions. That made it worth it to me.
We offer no difference between ADN and BSN. We are Magnet so now we have a requirement of hiring only BSN's. New grads start out around $30 but some RN's with 20 years experience do make over $40 base. Our company is paying lower than others and do plan to increase us in early spring. I make $37 with 5 years experience RN experience total but also work in a ANM/ANCC role. I live on the east coast in a HCOL area.
pheonixRN
6 Posts
Since this is "anonymous" and all. I am not getting this BSN thing. You pay through the nose to get a degree and RNs here with a BSN make no more than the ADN degrees ($25/hr). I can go on and get a MSN and they don't make any more either as I have several friends who are in management positions who do not make much more than me and the only benefit is the M-F 8-4 gig, but I could do that in Home Health or Hospice. Is it the area? Where are these nurses making $40 an hour that you "hear about"?